{"id":483,"date":"2011-02-22T08:52:57","date_gmt":"2011-02-22T13:52:57","guid":{"rendered":"http:\/\/www.nw-cpa.com\/?p=483"},"modified":"2011-02-22T08:52:57","modified_gmt":"2011-02-22T13:52:57","slug":"sales-tax-deduction-on-large-purchases-easily-overlooked","status":"publish","type":"post","link":"https:\/\/www.nw-cpa.com\/?p=483","title":{"rendered":"Sales Tax Deduction on Large Purchases-Easily Overlooked"},"content":{"rendered":"<p>Taxpayers that elect to deduct sales tax instead of income tax paid typically use <a href=\"http:\/\/www.irs.gov\/individuals\/article\/0,,id=152421,00.html\">the sales tax deduction calculator<\/a> to calculate their deduction instead of saving receipts and\u00a0totaling\u00a0the sales tax paid. \u00a0An easily overlooked deduction is the sales tax paid on large purchases that may be added to the amount computed with the calculator.<\/p>\n<p>Large purchases include:<\/p>\n<ul>\n<li>A motor vehicle (car, motorcycle, motor home, recreational vehicle, sport utility vehicle, truck, van, and off-road vehicle) whether\u00a0purchased or leased.<\/li>\n<li>An aircraft or boat.<\/li>\n<li>A home (including a mobile home or prefab home or a substantial addition to or major renovation of a home) with <a href=\"http:\/\/apps.irs.gov\/app\/stdc\/popup\/specified-items-popup.html\">certain restrictions.<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Taxpayers that elect to deduct sales tax instead of income tax paid typically use the sales tax deduction calculator to calculate their deduction instead of saving receipts and\u00a0totaling\u00a0the sales tax paid. \u00a0An easily overlooked deduction is the sales tax paid on large purchases that may be added to the amount computed with the calculator. Large &hellip; <a href=\"https:\/\/www.nw-cpa.com\/?p=483\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Sales Tax Deduction on Large Purchases-Easily Overlooked<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[399],"class_list":["post-483","post","type-post","status-publish","format-standard","hentry","category-federal-income-tax","tag-federal-income-tax"],"_links":{"self":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts\/483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=483"}],"version-history":[{"count":4,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts\/483\/revisions"}],"predecessor-version":[{"id":487,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts\/483\/revisions\/487"}],"wp:attachment":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}